Since Bitcoin’s inception, a mere decade ago, malicious users of the world’s first blockchain have sought to capitalize on the pseudonymous and anti-governmental nature of the Bitcoin Network and other crypto platforms. And although governments have begun to crack down on this innovation, crypto-related schemes and scams are still rife in the dark corners of this industry.

The Asahi Shimbun, an Asian media outlet, recently reported that a number of men were arrested for their affiliation with a purported crypto-centric pyramid scheme.